MFF ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MFF ApS
MFF ApS (CVR number: 38023969) is a company from STEVNS. The company recorded a gross profit of 818 kDKK in 2024. The operating profit was -198.6 kDKK, while net earnings were -165.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MFF ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 451.66 | 427.57 | 831.19 | 928.15 | 817.97 |
| EBIT | 2.29 | 14.47 | 110.52 | 139.75 | - 198.57 |
| Net earnings | 5.01 | 7.56 | 71.81 | 99.26 | - 165.48 |
| Shareholders equity total | 496.68 | 504.23 | 1 026.05 | 1 125.30 | 959.83 |
| Balance sheet total (assets) | 668.80 | 905.91 | 1 701.69 | 2 204.24 | 2 866.44 |
| Net debt | -24.70 | 104.58 | - 339.20 | - 733.08 | -1 411.88 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.9 % | 1.8 % | 8.5 % | 7.2 % | -7.8 % |
| ROE | 1.0 % | 1.5 % | 9.4 % | 9.2 % | -15.9 % |
| ROI | 1.1 % | 2.4 % | 11.1 % | 10.4 % | -15.1 % |
| Economic value added (EVA) | -21.57 | -12.59 | 64.61 | 85.74 | - 162.41 |
| Solvency | |||||
| Equity ratio | 74.3 % | 55.7 % | 60.3 % | 51.1 % | 33.5 % |
| Gearing | 39.1 % | 25.1 % | 23.8 % | 29.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.0 | 2.3 | 2.5 | 2.0 | 1.5 |
| Current ratio | 4.0 | 2.3 | 2.5 | 2.0 | 1.5 |
| Cash and cash equivalents | 24.70 | 92.70 | 596.63 | 1 000.83 | 1 690.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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